China tries to defuse trade issue, says it benefits world

BEIJING — China’s government defended its trade record as a benefit to the world in a new effort Thursday to defuse U.S. and European pressure over market access and technology policy.

A Cabinet report repeated promises to cut tariffs and open more industries to investment. But it didn’t address complaints about plans to create Chinese global technology competitors that are at the heart of a spiraling trade dispute with U.S. President Donald Trump.

China’s growth “has brought great opportunities to trading partners all over the world,” a deputy commerce minister, Wang Shouwen, said at a news conference.

The report highlights the clash between Beijing’s insistence it has honored market-opening promises made when it joined the World Trade Organization in 2001 and arguments by Washington, Europe and others that Beijing improperly hampers access to emerging industries and steals or pressures foreign companies to hand over technology.

Trump’s threat of tariff hikes on up to $450 billion of Chinese products reflects fears Beijing’s plans are a threat to American technological leadership and prosperity. China has tried to recruit Europe as an ally in the dispute but faces complaints by Germany and other governments that it bars purchases of Chinese assets while its own companies are on a global acquisition spree.